The enigma of Premium Bonds
Category: Bonds & Investments
Earlier this month, the top Premium Bonds prize of ÂŁ1 million was won for the first time since the investment limit was increased to ÂŁ50,000 in June 2015. The winner, from West Scotland, only the second ever top prize winner from that region, had invested the maximum amount, whilst a second investor from Surrey was also made a millionaire in the same month after investing ÂŁ23,950.
A miserable turnaround in the fixed bond savings market
Category: Bonds & Investments & savings & Uncategorized
As far as the savings market was concerned, 2015 was the year of the challenger provider. Competition between them ramped up and average rates followed suit, and in turn, positivity started to make a welcome return to the market. However, this improvement was short-lived, as the latest Moneyfacts research, reporting in March 2016, shows a stark reversal of fortune.